Weichai Power is an important engine manufacturer in China, and Tan Xuguang expressed his views on the industry and the development of new energy. Among them, he pointed out that new energy vehicles will have a catastrophic overcapacity. Weichai Power is making rapid efforts in the field of new energy and is actively developing and laying out the field of hydrogen fuel cells
Tan Xuguang posted Weichai Power’s 2021 report card at the press conference, with an annual revenue of 203.548 billion yuan, an increase of 3.17% over the previous year, and a net profit attributable to shareholders of listed companies of 9.255 billion yuan, an increase of 0.28% over the previous year. Among them, Weichai Power Electric Engine has significant advantages in all fields of the whole series, and the proportion of non-road engines in total sales increased by 5.3 percentage points to 34.4%, maintaining the first place in the industry in the markets of loaders, cranes and bulldozers; Seizing the opportunity of upgrading emission standards, China VI engine sales ranked first in the industry, with heavy-duty truck engine sales of 429,000 units, and its market share increased by 2.8 percentage points year-on-year to 30.7%.
Weichai Power has also laid out its layout in new energy fields such as hydrogen energy. On the day of the performance briefing, as a traditional engine leading enterprise, Tan Xuguang also talked about his views on “double carbon” and new energy.
Weichai Power is one of the most well-known and comprehensive listed companies in China to lay out fuel cells. At the performance briefing, Tan Xuguang gave a detailed introduction to weichai power’s layout on fuel cells.
Tan Xuguang introduced that Weichai preemptively laid out in the fuel cell industry chain, weichai power has invested in the United Kingdom’s Syris, Canada’s Ballard, Germany’s Odds, etc., to build a “battery + motor + electronic control” as one of the new energy powertrain. Weichai Power has strategically joined hands with The Swiss Flying Group and laid out the fuel cell air compressor business in China. So far, Weichai Power has laid out two technical directions of SOFC and PEM at the same time, reserves a series of key components such as stacks and systems, motors, electronic controls, air compressors, etc., and has the research and development and production capacity of new energy powertrains and core components, forming an industrial ecosystem from hydrogen production to vehicles.
“We are developing the layout of the hydrogen fuel cell field, everyone knows that the state released the future development strategy layout of fuel cells, we finished the layout 5 years ago, we do not speculate on the concept, we are the only one in the world with the largest production capacity (20,000 units of production capacity), the only one that has run through the real 30,000 kilometers, no energy attenuation, and the only industrial chain layout is the most cutting-edge, with batteries, air compressors, stack batteries and other layouts.” Our industrial chain layout is the layout that we will do for the next 5, 10 or even 20 years. At the same time, our country put the Fuel Cell Technology Innovation Center, the only license, to Weichai Power. In the future, in our field, passenger cars will certainly change, but it should be said that new energy is gradually moving towards or returning to rationality. Tan Xuguang said. It is understood that the core technology of the fuel cell technology innovation center is independent and controllable, covering all fields of application scenarios, and comprehensively laying out 30-200kw series of hydrogen fuel cell products.